{"id":"W1498288599","doi":"10.2139/ssrn.1805070","title":"CDS as Insurance: Leaky Lifeboats in Stormy Seas","year":2011,"lang":"en","type":"article","venue":"SSRN Electronic Journal","topic":"Banking stability, regulation, efficiency","field":"Economics, Econometrics and Finance","cited_by":12,"is_retracted":false,"has_abstract":false,"ca_institutions":"University of Waterloo; University of Alberta","funders":"","keywords":"Business; Actuarial science; Oceanography; Geology","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.0008274477,0.0001574187,0.0003575417,0.0005794026,0.0007186719,0.005470953,0.0004418768,0.001845239,0.008621634],"category_scores_gemma":[0.008754413,0.000147848,0.0002164444,0.0009169394,0.001473705,0.003075392,0.0009697414,0.001433209,0.0004983807],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.001597547,"about_ca_system_score_gemma":0.0008013548,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.0166987,"about_ca_topic_score_gemma":0.01423489,"domain_scores_codex":[0.9997284,0.00006659009,0.00002172199,0.00005988426,0.00006180706,0.00006154097],"domain_scores_gemma":[0.9976506,0.0008702545,0.0008083577,0.0001283723,0.0002638512,0.0002785626],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.0009124917,0.0001404907,0.1122187,0.0002674087,0.00008300067,0.002163681,0.00338531,0.02059669,0.001091767,0.7363376,0.06838004,0.05442289],"study_design_scores_gemma":[0.0001289772,0.0001619118,0.1607439,0.0004545028,0.0002480762,0.001199212,0.01301617,0.06929713,0.001679919,0.6595743,0.09337244,0.0001235636],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.8690043,0.009334984,0.005411983,0.04339798,0.0004728536,0.00001902248,0.001203433,0.0001588254,0.07099655],"genre_scores_gemma":[0.9931613,0.0008882612,0.000143361,0.000241572,0.0001312626,0.00000181381,0.00009285698,0.00001851855,0.005320994],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.0166987,"threshold_uncertainty_score":0.03320301,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.02079854660319099,"score_gpt":0.2227976082295064,"score_spread":0.2019990616263154,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}